Mike Norman Economics

Investors are ignoring all but monetary policy and unfortunately that entails more short term risk.

[embedded content]See also Col. Macgregor's article at The American Conservative, Will Biden Gamble on a Ukraine Coalition?Will Biden Gamble on a Ukraine Coalition?Judge Napolitano - Judging Freedom

Warning to think through both ends and means of what you are planning to do in terms of the big picture. Col. Macgregor is among the very few who appear to understand the big picture.The American ConservativeWill Biden Gamble on a Ukraine Coalition? Douglas Macgregor, Col. (ret.) is a senior fellow with The American Conservative, the former advisor to the Secretary of Defense in the Trump administration, a decorated combat veteran, and the author of five books.

”Our third quarter result was another record and the 16th quarter in a row with year-on-year earnings growth. Ocean freight rates, which have driven the exceptional results we have delivered in 2022, were again up both year-on-year and compared to the second quarter. However, it is clear that freight rates have peaked and started to normalize during the quarter, driven by both decreasing demand and easing of supply chain congestion,” said Søren Skou, CEO of A.P. Moller - Maersk.Elaborating...

 Worth thinking about from an MMT perspective. Someone needs to write a primer on econ and personal finance that ordinary folks can use as a compass to navigate in their decision making. It would not need to be a dedicated high school course but rather a book suitable for use as a high school course and which would also have wider application.I took college electives in econ, investment, and statistics. The econ course used Samuelson, which most of the student recognized as not the way the...

This is Part 5 of an on-going series I am writing about the issues facing societies dealing with climate change and other elements which come together as a poly crisis. The series will unfold as I research and think about the topic more through my Modern Monetary Theory (MMT) lens. Today, I am concluding the analysis of the questions relating to the ageing society and the resulting skill shortages, that the mainstream narrative identifies as key ‘problems’ facing governments across the...

[embedded content]Focuses on Michael Hudson, who is an MMT ally but doesn't adhere strictly to MMT.Captain Obvious EconomyAndrei Martyanov, former USSR naval officer and expert on Russian military and naval issues. Martyanov was born in Baku, USSR in 1963. He graduated from the Kirov Naval Red Banner Academy and served as an officer on the ships and staff position of Soviet Coast Guard through 1990. He took part in the events in the Caucasus which led to the collapse of the Soviet Union. In...

Hysterical overreaction by monetarist zombies. Buy this dip. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes

And A.P. Moller-Maersk A/S—which controls one-sixth of the world’s container trade—sees global trade slowing between 2% and 4% in a stark warning for not just the container industry but the oil and gas industry as well.…Oilprice World’s Second-Largest Container Carrier Sees Global Trade SlowingJulianne Geiger

 Coincidentally, I am in the process of setting up a tool library as well as research library for a community to encourage sharing. Sharing is a cultural thing. It used to be common in the US, but American culture has since become much more individualistic of late. We need to jettison the culture based on "it's every man for himself," and get back to 'We're all in this together."Naked CapitalismSuccessful Tool Lending Libraries Force Us to Rethink What the Public Is Willing to ShareYves...